TOKYO -- Fake Facebook accounts posing as leading Japanese brokerages ran roughly 10,000 ads to scam users between August 2023 and May 2024, Nikkei has found, as the nation grapples with the spread of investment fraud.
Crime
Scam Facebook ads posing as brokerages surge in Japan
Victimized companies say Meta slow to remove nearly 10,000 ads over 10 months
Facebook and other social media platforms are being used to lure investors into fraudulent schemes. © Reuters
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